ARTICLES ABOUT WIPRO BY DATE - PAGE 2

BENGALURU: By the end of March this year, Tata Consultancy Services, India's largest software company, would have screened over 1,000 startups across Silicon Valley, Israel and Helsinki as part of its hunt for the next big, disruptive idea. Of these, TCS will eventually work with around two dozens, taking their solutions to some of its biggest customers. TCS is not alone in this hunt. Rivals Wipro, Infosys and Cognizant Technology Solutions, too, have started wooing startups in the areas of retail, healthcare and data analytics, to ensure they don't miss out on the next big thing "For these IT companies it is a matter of survival to open new markets and to invest in fresh ideas," said Vivek Wadhwa, a fellow at Stanford University's Arthur and Toni Rembe Rock Center for Corporate Governance.

MUMBAI: IT major Wipro today said it expects the business outlook to remain positive in the country and in the US during the current year. "The overall business outlook for us in 2015 seems good, however, volatility in global cross-currency rates is something that needs to be watched," Wipro, Chief Financial Officer, Suresh Senapaty told reporters here today. Talking about the clients' budgets, he said the trends in the budget, so far, has been mixed. "Some clients' budgets are good, some flattish and some not so good," Senapaty said.

BENGALURU: Wipro today clarified its founder and IT czar Azim Premji's remarks on water scarcity saying that the comments were made to highlight the "inherent dangers" involved in ignoring the issue of water scarcity in Bengaluru. "During the course of a conversation with children on Saturday (February 7), Azim Premji highlighted the inherent dangers involved in ignoring the issue of water scarcity. The statement was essentially to highlight this issue and it was not to be taken literally," Wipro said in a statement clarifying his remarks.

In a chat with ET Now, Prakash Gaba , CFT, prakashgaba.com, shares his views on Wipro Ltd ET Now: What is your call on Wipro Ltd? Prakash Gaba: Wipro Ltd is a 'BUY' call with a target of Rs 670 and a stop loss of Rs 640.

BENGALURU: Wipro, India's third largest software company, is doubling down on its hunt for the next disruptive startups by hiring an Intel Capital executive and promoting a company veteran from within to set up its corporate venture arm in the Silicon Valley. Venu Pemmaraju, a senior investment manager at Intel Capital's San Francisco , Bay Area offices, and Biplab Adhya , who currently heads Wipro's Oracle software practice, are being appointed to lead the company's Corporate Venture arm backed with a $100 million (Rs 600 crore)

It is almost a year since the current bull run on Dalal Street began. The rally, sparked in early February 2014 by optimism of a Narendra Modi-led government coming to power, has boosted the market capitalisation of most conglomerates, and investors have rewarded better performing groups with superior valuations. Tata Group has seen the biggest absolute growth in market value, while Mukesh Ambani's Reliance Group, Wipro and HCL are among the laggards. Adani Group and Kotak Mahindra have entered the big league due to the stupendous run-up in their companies' share prices.

BENGALURU: Two hackathons kicked off in different parts of India last weekend to address specific objectives, signifying coming of age of marathon coding events that have so far largely been about like-minded people getting together for some fun. United States-based Science Inc conducted its first hackathon in the world in Bengaluru with the intention of converting ideas into companies if possible. The three-year-old firm has birthed at least a dozen start-ups across the world so far, including Bitcoin resource and news site CoinDesk, and employee referral company SpringRole.

BENGALURU: Two-year-old Graphene Semiconductor has received first investment from Karsemven, a Karnataka government-backed specialised fund for semiconductor start-ups. The Bengaluru-based start-up plans use the Rs 5 crore investment to expand operations. Launched by industry professionals, the start-up has over 20 of the world's top semiconductor fabrication and fabless companies as its customers. "We play the role of taking from the bottom of the value chain to realising the product into reality," said CEO Vilas Bhade, who has over 25 years of experience spanning across companies such as Wipro, Infosys and Philips Semiconductors.

NEW DELHI: Wipro GE Healthcare's proposed deal with its three employees related to medical equipment distribution services in the country has received the green signal from the Competition Commission of India (CCI). According to CCI, the multi-layered deal between the medical equipment major and its employees -- S Ganesh prasad, Kiran Thadimarri and R R Balaji -- "is not likely to have appreciable adverse effect on competition in India". The three individuals are engaged in Wipro GE's distribution services business.

In a chat with ET Now, Mitesh Thacker of miteshthacker.com, shares his views on Wipro Ltd ET Now: What is your view on Wipro Ltd? Mitesh Thacker: Wipro Ltd is a 'BUY' call with a target of Rs 615 and a stop loss of Rs 579.